Home/Filings/4/0001209191-05-009610
4//SEC Filing

ZG NEVADA LTD PARTNERSHIP 4

Accession 0001209191-05-009610

CIK 0001016100other

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 8:54 PM ET

Size

11.3 KB

Accession

0001209191-05-009610

Insider Transaction Report

Form 4
Period: 2005-02-10
Transactions
  • Other

    Secured Convertible Promissory Note

    2005-02-10+0(indirect: By LLC)
Holdings
  • Common Stock

    (indirect: By Partnership)
    15,383,750
ZG NEVADA INC
10% OwnerOther
Transactions
  • Other

    Secured Convertible Promissory Note

    2005-02-10+0(indirect: By LLC)
Holdings
  • Common Stock

    (indirect: By Partnership)
    15,383,750
ZWAN BRYAN J
Director10% OwnerOther
Transactions
  • Other

    Secured Convertible Promissory Note

    2005-02-10+0(indirect: By LLC)
Holdings
  • Common Stock

    (indirect: By Partnership)
    15,383,750
Optel Capital, LLC
10% OwnerOther
Transactions
  • Other

    Secured Convertible Promissory Note

    2005-02-10+0(indirect: By LLC)
Holdings
  • Common Stock

    (indirect: By Partnership)
    15,383,750
Footnotes (2)
  • [F1]On September 16, 2004, Digital Lightwave, Inc. issued Optel Capital, LLC ("Optel") a secured convertible promissory note (the "Note") in the principal amount of $27,000,000.00 pursuant to which any outstanding principal and interest amounts owed under the Note may be converted into shares of the Issuer's Common Stock at a 5-day average market price at the option of Optel any time after February 10, 2005, the date upon which the holders of a majority of the outstanding shares of the Issuer's Common Stock who are not affiliated with Optel or its affiliates approved the conversion feature of the Note at a special meeting of the stockholders of the Issuer. Optel is ultimately controlled by Dr. Bryan J. Zwan.
  • [F2]ZG Nevada Limited Partnership is ultimately controlled by Dr. Bryan J. Zwan.

Issuer

DIGITAL LIGHTWAVE INC

CIK 0001016100

Entity typeother

Related Parties

1
  • filerCIK 0001101138

Filing Metadata

Form type
4
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 8:54 PM ET
Size
11.3 KB